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USDA Central States Print Butter                   06/18 15:30
AMS_1089 MARS

Butter - Central U.S.

Released on June 18, 2024

Cream continues to tighten in the Midwest and throughout the Central region. 
Some butter plant managers say they are waiting for the Fourth of July holiday 
to see about getting more enticing spot cream offers, but current prices are 
continuing to edge out of their fiscal realm. That said, butter plant contacts 
say churning schedules have held mostly intact, though they do not expect this 
to last much longer. Current churning foci are on upcoming seasonal demand 
needs, which are expected to pick up in later in the summer and early fall. 
Current butter availability is in some balance for 80 percent salted loads, but 
notably limited for 82 percent varieties. As cream begins to tighten up 
throughout the region, even 80 percent butterfat loads are expected to tighten. 
Butter market tones remain in a sturdily bullish stronghold.

Prices for: Central, All First Sales, F.O.B., Grade AA, Edible Butter

Basis Pricing - 80% Butterfat:               0.02-0.08


Information for the period June 17 - 21, 2024, issued weekly

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